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Banca Sella Holding

Banca Sella Group
Native name
Banca Sella Holding S.p.A.
Formerly called
  • Gaudenzio Sella & C.
  • Banca Sella S.p.A.
Società per azioni
Industry Financial services
Founded 23 August 1886 (1886-08-23)
Founder Sella family
Headquarters Biella, Italy
Number of locations
304 branches (2015)
Key people
Services Retail, private and investment banking, insurance, investment management
Profit Decrease €28.500 million (2015)
Total assets Decrease €13.968 billion (2015)
Total equity Increase €831.673 million (2015)
Number of employees
Increase 4,304 (2015)
Subsidiaries
  • Banca Sella
  • Banca Patrimoni Sella
  • Sella Gestioni SGR
  • Biella Leasing
  • Consel
  • Easy Nolo
Capital ratio Increase 11.59% (CET1 - 2015)
Website Official website
Footnotes / references
data in consolidated basis

Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group (Italian: Gruppo Banca Sella). The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont.

According to a research by Ricerche e Studi, a subsidiary of Mediobanca, Banca Sella Group was ranked the 21st largest bank in Italy by total assets as at 31 December 2014.

The story of Gruppo Banca Sella has its roots in 1886, when Gaudenzio Sella, inspired by the principles of his uncle Quintino Sella, along with six other brothers and cousins, founded in Biella the Gaudenzio Sella & C., (the current Banca Sella Group), in order to "carry on trade as the banking discounts, advances, current accounts, buying and selling of securities, etc. ", as shown in the deed. The senior managers of the bank was newly appointed Gaudenzio Sella, who remained at the helm of the institute until his death.

The first branches outside of Biella date back to the late '30s (Ponzone, Trivero, Cossato). In 1949 the bank changed its name becoming a limited company (Italian: Società per azioni) and the brothers Ernesto and Giorgio Sella respectively assumed the position of president and CEO. In 1962 changed its name to Banca Sella S.p.A. In 1974, the death of Ernesto, Giorgio Sella became President and Chief Executive Officer was entrusted to Maurizio Sella, son of Ernesto.

Under the leadership of Maurizio Sella, Banca Sella spread throughout the country up to more than 300 branches in the first decade of 2000 .

Over the years the Bank has acquired small local institutions in the North East and South Italy, and have been established operating companies in various businesses such as leasing, consumer finance, asset management companies, non-life insurance. In 1992 Gruppo Banca Sella was found.

In 1997 it takes place the launch of internet banking services and in 2000 the brand www.sella.it.

On the death of Giorgio Sella (in 2000) Maurizio Sella becomes the president, while Pietro Sella (born in 1968) he became the CEO in 2002. (after the old "Banca Sella S.p.A" became "Banca Sella Holding S.p.A", and the creation of new "Banca Sella S.p.A" as a subsidiary in 2006, they became the president and CEO of both the holding and the bank; in 2013 Donato Valz Gen was appointed as the CEO of the bank but not the holding)


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